
Cheap Homes for Rent near Peterborough, NH from $800 (10 Rentals)
Search the lowest-cost Homes available for rent right now in Peterborough.


43 Carroll St

40 Fitchburg Rd, Unit 324

120 Elm St

5 Mark St
Rent According to Income: A Look at Income-Restricted Rentals
Find income-restricted rentals and housing subsidies. Explore government programs designed to help low-income families secure stable, affordable housing.

67-69 County Rd

44 Fitchburg Rd, Unit 428

26 Elm St

73 Kingsbury St

210 Mt Elam Rd
Renters Insurance 101: What It Is, What It Covers, and Why You Need It
From theft to fire to water damage, the unexpected can happen to any renter. Discover why renters insurance is one of the smartest and most affordable investments you can make as a tenant.
Peterborough, NH Local Guide

How much does it cost to rent a home in Peterborough?
| Bedroom | Average Rent | Cheapest Rent | Highest Rent |
|---|---|---|---|
| Peterborough 2 Bedroom Homes for Rent | $2,330 | $1,545 | $3,800 |
| Peterborough 3 Bedroom Homes for Rent | $2,745 | $835 | $4,500 |
| Peterborough 4 Bedroom Homes for Rent | $4,516 | $4,500 | $4,550 |
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Peterborough, NH Local Guide
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Cheapest Available Peterborough Apartments for Rent and Nearby
 The cheapest available apartment rental in Peterborough, NH is a 4 Beds unit found at Arcadia Apartments in the West Keene neighborhood priced from $775. Anwelt Heritage - A 55+ Community in the West Fitchburg neighborhood has the second lowest priced unit, which is a 1 Bed apartment currently listed from $1,348. Here is today’s list of the most affordable Peterborough apartments for rent:
| Apartment Listing | Model Name | Bed/Bath | Priced From |
|---|---|---|---|
| Arcadia Apartments | Student Apartments - Furnished 3 or 4 Bedroom /... | 4BR,2BA | $775 |
| Anwelt Heritage - A 55+ Community | 1 Bedroom Affordable/Income Restriction | 1BR,1BA | $1,348 |
| Washington Park of Keene | 1B1B - 31 Washington Street | 1BR,1BA | $1,400 |
Best Value Apartments for Rent in Peterborough, NH and Nearby
As of July 24, 2026 the best value apartment in the Peterborough area is the $0.99 price per square foot 2 bedroom Market Model at Riverside Commons in the in the West Fitchburg neighborhood starting from $1,625. The second greatest value Peterborough apartment is the Three Bedrooms, One and a Half Bath Model at Town and Country Apartments starting at $2,772 with a $1.93 price per square foot in the West Side neighborhood. Here is today’s list of the best values for Peterborough apartments based on price per square foot:
| Apartment Listing | Model Name | Bed/Bath | Price Per Sq.Ft. |
|---|---|---|---|
| Riverside Commons | 2 bedroom Market | 2BR,1BA | $0.99 |
| Town and Country Apartments | Three Bedrooms, One and a Half Bath | 3BR,1.5BA | $1.93 |
| Twin Bridge | 2BD/1BA/80/Den | 2BR,1BA | $1.61 |
| Bow Lane/ Next Gen, LLC | 2BD/2BA/MKT | 2BR,2BA | $1.82 |
| Anwelt Heritage - A 55+ Community | 2 Bedroom Affordable | 2BR,1BA | $1.67 |
| Princeton Square | Elm | 1BR,1BA | $2.04 |
| Milford Trails Apartments and Storage | Timberline | 2BR,1BA | $2.01 |
| Washington Park of Keene | 1B1B - 31 Washington Street | 1BR,1BA | $1.73 |
| The Pines Apartments | 2 Bedrooms, 1 Bathroom | 2BR,1BA | $2.01 |
| Pine Valley Residential, LLC | 1BD/1BA/60% | 1BR,1BA | $1.98 |
Don't Settle: How to Negotiate Your Apartment Lease and Save Money
Discover the insider tips from an attorney and real estate agent on how to negotiate your next apartment lease. Find out what's on the table and what's not, so you can save money and get the best terms possible.
Read ArticleReal Estate and Rental Term Glossary | ApartmentHomeLiving.com Renter University
From the letter A all the way to the letter Z, the Real Estate and Rental Term Glossary from the content team at ApartmentHomeLiving.com provides our visitors and shoppers with a little clarity and helpful guidance in navigating the real estate world through definitions and explainers for the top subjects and terms that someone may come across during the leasing, buying, or selling process.
Read ArticleQuick Rent Budget Calculator
How much rent can you afford?
The common "Rule of Thumb" is that rent should be no more than 30% of your income. How much is that? Enter your monthly income and click "Calculate My Budget" to find out.
Best Local Schools in Peterborough, NH
Peterborough Elementary School
Conval Regional High School
School data provided by Great Schools
Remember the 3 Rules of Real Estate:Location, Location, Location!
Explore Peterborough, NH Rentals by Map
See the most popular apartments and homes in Peterborough, NH
Frequently Asked Questions about Peterborough
What type of rentals are currently available in Peterborough?
There are currently 64 Apartments for Rent in Peterborough, NH with pricing that ranges from $775 to $4,790. There are also 38 Single Family Homes for rent, Condos, and Townhome rentals currently available in Peterborough ranging from $835 to $4,550.
What is the current price range for Rental Homes in Peterborough?
Today's rental pricing for Homes for Rent, Condos and Townhomes in Peterborough ranges from $835 to $4,550 with an average monthly rent of $2,822.
How much are larger Three and Four Bedroom Rentals in Peterborough?
For those who are looking for larger living arrangements, Three Bedroom Apartments in Peterborough range from $1,800 to $3,355, while Three Bedroom Homes, Condos, and Townhomes for rent range from $835 to $4,500. Four Bedroom Single-Family rentals are also available starting from $4,500 and Four Bedroom Apartments start at $775.
Expert Rental Resources
The rental experts at ApartmentHomeLiving.com provide you with top advice, tools, and tips for understanding the leasing process and finding the perfect rental. Here are a few helpful rental and leasing articles from our experts to guide you on your search.
Articles, How-To's, and Tips

Rent According to Income: A Look at Income-Restricted Rentals
Written by: Robin Stewart
The idea of affordable housing can be subjective. Every individual is in a different place financially and vocationally. What one may easily afford could be a struggle for someone else.

Renters Insurance 101: What It Is, What It Covers, and Why You Need It
Written by: Robin Stewart
Insurance seems to be a part of life. In some states, having insurance is the law, as is the case for automobile insurance. Renters are no exception.

Apartment Occupancy Rates: Renter Attraction vs Renter Retention
Written by: Robin Stewart
There’s a tenet in marketing about client or customer attraction and retention. Studies and data have consistently shown it costs less to keep a current customer than to attract a new one.

How I Find the Perfect Rental for My Clients: A Real Estate Pro's Guide
Written by: Robin Stewart
Evaluating rental properties for clients draws many parallels to house-hunting. Whether an apartment, loft, townhouse, or other rental, finding the right place means finding “home” for your client.